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Property profile

0 Nec Teasley Dr & Parkridge Dr Corinth, TX 76210

OFF-MARKET
Land
1.96 ac lot
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Property summary

AI-generated overview

This exceptional 1.956-acre commercial land parcel presents a unique investment opportunity in the thriving Corinth, Texas market. Strategically located on the hard corner of Nec Teasley Drive and Parkridge Drive, this property boasts unparalleled visibility and accessibility. Its C-2 commercial zoning allows for a wide range of development options, catering to various business needs. The site benefits from its proximity to I-35E, a major interstate in the DFW metroplex, ensuring high traffic volume and convenient access for customers and employees. Furthermore, the property's location offers immediate access to over 1,200 Lake Dallas students, providing a significant potential customer base. With Denton County experiencing double-digit projected growth, high household incomes exceeding $100,000, and over 200 new residential lots under construction within a tenth of a mile, this pad site is ideally positioned to capitalize on the area's booming economic expansion. This is a rare opportunity to acquire a premier commercial property in a rapidly growing area with exceptional visibility and access. The property's size and zoning provide flexibility for a variety of commercial developments, making it an attractive investment for both developers and end-users. Don't miss this chance to secure a prime location in one of DFW's most promising markets. The zip code is 76210.

Property profile

Verified
Property type Land
Lot 1.96 ac (85,203 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nec Teasley Dr & Parkridge Dr Corinth, TX 76210
Corinth metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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